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Subject: [announce] OASIS Member News:SoftQuad Announces Support For InterwovenTeamXML
SoftQuad Announces Support For Interwoven TeamXML SoftQuad and Interwoven Integrate XML Solutions to Accelerate Delivery of Enterprise Content TORONTO, ON, Monday, November 12, 2001 SoftQuad Software, Ltd. (OTC BB: SXML), an internationally recognized developer of XML-enabling technologies, and Interwoven, Inc. (NASDAQ: IWOV), the leading provider of Content Infrastructure software, today announced a technology alliance. Under terms of the alliance, SoftQuad has developed an integration between XMetaL, its award-winning XML content authoring solution, and Interwoven's innovative XML Content Infrastructure system comprised of TeamXML and TeamSite 5.5. Scheduled for release next month, the combined solution allows customers to realize the benefits of XML by streamlining the creation, management and delivery of content in different formats to a variety of media, including the Web. "To gain the greatest benefit from an XML Content Infrastructure system, companies need to enable more employees to create XML content," said Kevin Cochrane, vice president of product management for Interwoven. "SoftQuad XMetaL provides a best-of-breed authoring solution that enables anyone within an organization to create XML content that can then be easily managed and re-purposed using TeamXML." Interwoven's TeamXML is an open and scalable enterprise repository for storing and managing XML. It provides customers with a rich set of APIs that integrate with any enterprise application, and it is able to break up and re-purpose content, as well as store content natively as XML. Interwoven TeamXML produces efficiencies at all levels within an organization, including: increased productivity of individual content contributors with easily re-purposed content; collaboration among multiple teams, enabling parallel development, element-level content control and reuse; and guaranteed content integrity, consistency and accuracy through the elimination of content redundancy. "Value-driven companies are recognizing the efficiencies and cost savings that can be gained through XML content management," said Roberto Drassinower, CEO of SoftQuad. "TeamXML allows a rapid transition to an XML content infrastructure, accelerating the cost-effective delivery of business content to the Web and other channels." SoftQuad XMetaL is an award-winning XML authoring solution that allows developers to quickly customize easy to use authoring interfaces that allow any person in an organization to create XML content. By allowing more users to create XML content directly, XMetaL streamlines the content creation process and eliminates the cost associated with converting documents from other formats. XMetaL is easily integrated with content management systems and e-business applications. About SoftQuad SoftQuad Software, Ltd. (OTC BB: SXML) is an internationally recognized developer of XML-enabling technologies and commerce solutions for e-business. A founding member of the World Wide Web Consortium (W3C), the Organization for the Advancement of Structured Information Standards (OASIS) and XML.org, SoftQuad has been instrumental in shaping and developing both the standards and technologies that are changing the way companies exchange information and do business over the Web. Headquartered in Toronto, Canada, with U.S. offices in Seattle and San Francisco, and European operations based in London, England, SoftQuad was first to market with an advanced, yet easy-to-use XML content creation solution, XMetaL. It has become the premier enabling technology for XML-based content applications in electronic publishing, e-commerce and knowledge management. For more information, visit SoftQuad's Web site at http://www.softquad.com. SoftQuad and XMetaL are registered trademarks of SoftQuad Software, Ltd. All other products or company names mentioned are used for identification purposes only, and may be trademarks of their respective owners. About Interwoven Interwoven, Inc. (Nasdaq: IWOV) is the world's leading provider of Content Infrastructure software. Its content infrastructure product suite includes content aggregation, content collaboration, content management, content intelligence and content distribution. Its products are the de facto standard for over 700 Global 2000 companies including British Airways, Cisco Systems, General Electric, General Motors and Philips. Interwoven teams with the leading best-of-breed eBusiness application providers to provide customers an end-to-end platform for eBusiness. For more information on Interwoven and its proven XML-based Content Infrastructure solutions, visit the Interwoven Website at www.interwoven.com ### Caution Concerning Forward-Looking Statements Forward-looking statements in this news release are made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements are management's present expectation of future events. These forward-looking statements are subject to certain risks and uncertainties that could cause actual results of operations to differ materially from historical results or current expectations. The words "anticipates", "estimates", "expects", "will", "should", "projects", "intends", "plans", "believes" and words of similar substance identify forward-looking statements. Risk factors for SoftQuad Software, Ltd. include, but are not limited to: shifts in demand for its products and services, lengthened sales and implementation cycles, competitive conditions, its ability to meet future capital requirements, protection of its intellectual property rights, the resolution of issues concerning commercial activities via the internet, reliance on strategic partners, risks related to international sales and potential foreign currency exchange fluctuations, its ability to attract and retain key personnel, and the successful completion of SoftQuad's proposed merger with Corel Corporation. For a more complete discussion of risks and uncertainties, refer to SoftQuad's most recent reports filed with the U.S. Securities and Exchange Commission and other regulatory authorities. The factors underlying projections or forecasts are susceptible to uncertainty and subject to change. Therefore, projections and forecasts are valid as of the date they are made and do not necessarily reflect SoftQuad's outlook at any other point in time. SoftQuad does not undertake to update or review forward-looking statements.
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